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Biden invokes “Defense Production Act” to combat infant formula shortage

Washington - President Joe Biden on Wednesday invoked the Defense Production Act to speed production of infant formula. Faced with an acute domestic shortage caused by the safety-related closure of...

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China’s weaker growth pulls down markets, recession fears grow

Sydney - China's weaker growth trajectory and lockdown pulled Asian share markets on Monday and oil prices slid after shockingly weak data from the world's second-largest economy. China'...

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